Groupon Watch: SEC Study May Delay IPO, $10.2 mil Zappedy Buy

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Groupon's IPO may be put off by more study of its accounting practices by the SEC, according to reports. Also, last week the company bought Zappedy, a Chilean startup, and today it’s reported to be over $10.2 million in stock. Not bad. Publishers of Time Out have plans to rival Groupon in ticket sale deals, and the Seeking Alpha blog opines that Groupon’s profitability is “only a matter of time.” Also, Forbes blog suggests keeping an eye out for Expedia’s earnings tomorrow – they may be impacted by Groupon’s partnership. Read on: